TravelX’s NFTicket on Algorand (ALGO) is adopted by Argentinian airline
Leading low-cost Argentinian airline has started issuing their e-tickets in the form of non-fungible tokens on the Algorand (ALGO) blockchain. This move integrates Web3 into the ticketing process, and is considered to be one of the biggest use cases for utility NFTs. The adoption of this technology has led to the creation of a secondary market for airline tickets. TravelX’s innovative technology that allows customers to purchase, trade, and sell tickets has been utilized in this game-changing move. This technology is built on Algorand (ALGO), an open-source blockchain that utilizes the proof-of-stake concept. Algorand (ALGO) is designed to function as a major payment processor. Algorand (ALGO) can also act as a host for other cryptocurrencies and blockchain-based projects. The key factor that has led TravelX to build its technology on Algorand (ALGO) is the scalability that Algorand (ALGO) provides.
Hedera (HBAR) gets recognition from the US government
Hedera (HBAR) has caught the eye of the US government as it gets an opportunity to discuss the usage of blockchain technology for the betterment of democracy in a US Department of State meeting. There is a rising distrust between citizens, and the government regarding government affairs, which has led to the weakening of democratic principles. With the help of blockchain technology, such as Hedera (HBAR), more transparency can be embedded into government affairs, leading to increased accountability. According to a press release by the US Government, Hedera (HBAR) is part of 150 companies that have committed to the advancement of democracy. Hedera (HBAR), a public ledger that uses the proof-of-stake concept, can ensure this through decentralization, leading to higher transparency. Hedera (HBAR) uses the Hedera hashgraph technology, which is faster and more efficient as compared to existing blockchain technology. In the last 24 hours, Hedera (HBAR) has been up by 2.25%.
TMS Network (TMSN) takes the market by storm
TMS Network (TMSN) continues to be on the investor radar as it takes the crypto market by storm. TMS Network (TMSN) has continued to impress investors with its off-the-chart presale rally. In the first stage of presale, TMS Network (TMSN) secured a whopping $500k. As the second stage of presale continues, TMS Network (TMSN) has witnessed a growth of 1400%.
Notable aspects of TMS Network (TMSN) that make it an investor favourite are the platform’s transparency, speedy transactions, and low costs. TMS Network (TMSN) enables traders to trade in various derivatives on one platform. The platform also aims to increase investor understanding through the educational content, trading tools, and more, which are available on TMS Network. TMS Network (TMSN) is expected to revolutionise the digital trading market with its state-of-the-art blockchain technology. Currently, in the second stage of presale, TMS Network (TMSN) is priced at $0.06.
Conclusion
Algorand (ALGO) has witnessed a price surge of 5.67%, according to the latest update surrounding its usage. Hedera (HBAR) has also witnessed minor gains as it comes under the radar of the US government. TMS Network (TMSN) has maintained its position as the next big thing in the market’s eyes as it continues with its off-the-charts presale.
Learn more about TMS Network here:
Presale: https://presale.tmsnetwork.io
Website: https://tmsnetwork.io
Telegram: https://t.me/TMSNetworkIO
Twitter: https://twitter.com/@tmsnetwork_io
Disclaimer:
The views expressed on this page are those of the author and not of The Portugal News.